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When campaigns give out more than campaign yard signs to volunteers!

When campaigns give out more than campaign yard signs to volunteers!

Posted on Jul 11, 2019 | 0 comments

US Election Authority Set to Approve Congressional Candidate’s Plan to Issue Ethereum Token
Stan Higgins
July 10, 2019

A candidate for Congress in Florida wants to give ethereum-based tokens to campaign volunteers in an experimental effort to incentivize their work — and federal officials appear poised to give their approval.

In late May, the campaign for Omar Reyes, who is running for office in Florida’s 22nd Congressional District as an independent candidate, sent a letter to the Federal Election Commission (FEC) seeking permission for the “distribution to potential volunteers and any voters interested in participating in our cryptocurrency experiment.”

The idea is this: the “Omar2020” token is based on the ERC-20 standard, which allows for the creation of tokens on the ethereum network. According to the Reyes campaign’s letter, the kinds of activities they’d want to reward include registering to volunteer, signing up for a mailing list, or hosting official campaign events.  {{More}}

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Instead of handing out campaign pins and campaign yard signs, the candidate wants to give out a cyber award that has no value. I would be interested in following this because what an interesting way to provide incentives to campaign volunteers!

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